ECP Nitra

CHARACTERISTICS

CityPark was planned as shopping and entertainment center offering:
Hypermarket, approx. 100 exclusive shops, 14 coffee-bars, restaurants and retail units with variety of services
Indoor sports and entertainment activities: bowling, biliard, fitness
Outdoor sports opportunities: basketball, volleyball, football, pétanque, table-tennis and a climbing wall
Children’s entertainment : kids club, bumper cars, trampolines, exterior playgrounds
Previously contracted anchor stores: TESCO, Electroworld, C&A, Exisport, Reserved, Bata, Panta Rhei, DM-Drogeriemarkt, RENO, A3 Sport, Dracik

LOCATION

Designed as a shopping & entertainment center Nitra, Napervillska Street, alongside the river Nitra
Benefiting from high traffic of the R1 highway connecting the main routes Bratislava - Banska Bystrica, Topolcany – Nove Zamky, Levice
Convenient location - only 10 minutes walking distance from the city center
Proximity with the three of the most significant points of interest in the city: the castle, the river Nitra and Zobor hill
Unique surroundings with birch gardens

THE PLOT OF LAND

Area: 67.940 sqm
Owner: Roman Catholic Church, Sídelná kapitula Nitra, on Certificate of Title no. 3479
Legal relationship to the Plot: Lease contract valid from May 02, 2005 until February 22, 2008
Easement contract „in personam“ valid from February 22, 2008 until December 31st, 2075
The heads of terms of Easement contract: Fee for Easement contract relates to the usable plot of 38.736 sqm
Fee payable before the Occupancy permit – 150,- SKK/sqm/year
Fee payable after the Occupancy permit – 300,- SKK/sqm/year
Alternative after five years – fixed fee of 150,- SKK/sqm + floating fee of 5% of gross operating income
At the present time it is possible to negotiate with owner of the Plot about various alternatives:
Exchange of Plot for a part of future units built in the Project Purchase of the Plot
Material contribution to the Project with the Plot (based on market appraisal of the Plot)

BUILDING PARAMETERS

Gross leasable area of 27.000 sqm
Underground parking lot and three retail floors
560 parking spaces in the underground lot and 230 parking spaces in the outdoor parking lot
Glass facade, a bridge across the river, pedestrian promenade alongside the river
The planning permit was issued on August 4, 2006 by the District Council in Nitra, Environmental
Department, in scope of proceeding no. SP 4699/2006-009 and became effective on
August 25, 2006
A building permit for the CPN construction issued on May 30, 2007 and became effective on August 20, 2007

ALTERNATIVE FOR COMPLETION OF THE PROJECT

Completion with a new partner according to the original Project plan
Share sale (acquisition of 100% business share of SPV)
Project is temporarily suspended, it is possible for the new investor to resume the negotiations with tenants and agree upon new conditions of Contracts of Lease or Head of Terms
Establishing a new project plan
Several options for project future purpose (hotel, amenities, flats, office, retail, sports, recreation)
Retail park with few stand alone units.
Sale of the building under construction (asset sale)

CONTACTS

Doprastav Development, a.s
Drieňová 27
826 56 Bratislava

Tel: +421 (2) 4827 1258
Fax: +421 (2) 4827 1304

www.dpsdevelop.sk

Ing. Jozef Kollár, PhD.
jozef.kollar@dpsdevelop.sk

Ing. Andrej Tkáč
andrej.tkac@dpsdevelop.sk

ICT ISTROCONTI, a.s.
Ventúrska 18
815 48 Bratislava

Tel: +421 (2) 5443 3191 – 3
Fax: +421 (2) 5443 0766
Mail: ict@ictistroconti.sk

www.ictistroconti.sk

Ing. Zdena Krajčovičová
krajcovicova@ictistroconti.sk

Mag. Peter Kuliffay
kuliffay@ictistroconti.sk